Page 2 - Metals

Tata Steel, JSW Steel: Metal stocks poised for further upside, charts show

Nifty Metal has successfully conquered the 2,500 mark and is set to move towards 200-WMA, which stands at 2,969 levels.

Samvat 2077: Here are the sectors that are expected to do well

The significant feature of equity market performance in Samvat 2076 has been the sharp divergences both across and within sectors and companies.

India Ratings maintains negative outlook on base metals sector for H2 FY21

Agency says business disruptions led by Covid-19 likely to persist over next 6-9 months; realisations likely to remain volatile over H2 of FY21

Metal producers look to repair dents after taking Covid-19 pandemic hit

The third of the five-part series looks at pick-up in metal sector demand & prices

Metal stocks can outperform the market. Here are a few trading strategies

Despite the fall in the Nifty Metal index on Friday, there still are some stock-specific opportunities which you can capitalise on. Here are a few trading ideas.

CII seeks incentive package for lockdown-hit mining and metals sector

The demand ranges from financial support to tide over liquidity issues to logistics and trade policy support

Crude oil and metals slide on global cues; cryptocurrencies crash

Doom sentiment in financial markets has hit crypto currencies. Bitcoin fell $1,000 in 15 minutes to trade at $6,000 level

Metals prices outlook revised downward as China battles coronavirus

Prices of agricultural produce, metals, energy and industrial raw materials have fallen 5 per cent to 20 per cent in the last two weeks.

Metals sector eyes recovery as prices rise after scraping the bottom

Steel, iron ore firms gain pricing power, hope for demand revival in base metals

Chart check: Here's how metal stocks have fared at the bourses

Tata Steel has witnessed "Death Cross" pattern on the weekly chart but RSI and MACD are trading with a positive crossover.

From auto to banking, grumble of slowdown is getting louder for India Inc

The companies' combined net profit declined by 10.1 per cent yoy during June '19 quarter against 26.2 per cent yoy growth a year ago

Secondary metals producers fear inverted duty structure could hurt

Duty from finished metals imported from ASEAN is lower than metallic scrap

Metals under pressure, Tata Steel, JSW Steel and Hindalco decline up to 3%

According to news reports, CLSA has cut FY20-21 earnings per share (EPS) estimates by 9-38 per cent factoring in lower commodity prices and stronger rupee.

Metals and mining may underperform in the second half

The price movements have been driven to a large extent by perceptions that global growth will get slower in 2019

Metal index hits 34-month high; Hindalco, Vedanta at 52-week high

Hindalco, Jindal Steel & Power, JSW Steel and Vedanta from the metal index were up 1% to 5%

RCI Industries to invest Rs 50 cr for expansion of Baddi facility

The copper products manufacturer also plans to foray into the defence and mint industries

Murugappa Group arm CUMI opens composite electromineral plants at Cochin

New plants will add 25,000 tonnes of fused minerals, with potential sales of about $ 30 million

Metal shares extend fall; Nifty Metal index down 4% in two days

In 2017, metal index rallied 20% against 9.5% rise in Nifty 50 index till Monday.

Metal, oil & gas sectors see sharpest rally in seven years in CY16

On the other hand, classical defensive plays like information technology and pharmaceuticals have recorded a negative return of 9% and 10% respectively

NTPC-Nalco JV to set up Rs 14,000-cr power plant in Odisha

The proposed 2,400 MW super critical power plant will supply uninterrupted power to Nalco's aluminium smelter at Angul